Gold Prices Edge Up On Weak Dollar As Trump-Xi Meeting, Iran War Draw Focus

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Gold prices ticked up on Thursday, supported by a weaker dollar, as investors focused on talks between US President Donald Trump and Chinese President Xi Jinping, and looked for signs of progress in the Iran war. Spot gold inched 0.4% higher at $4,706.70 per ounce, as of 0440 GMT. U.S. gold futures for June delivery rose 0.2% at $4,713.40. The dollar eased, making greenback-priced bullion more affordable for holders of other currencies. “Gold seems to be consolidating at the moment as everybody is looking at what’s going to happen in the high-level talks between the U.S. and China,” said GoldSilver…

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